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Greg Marsh On Selling His First Startup For $250 Million And Raising Millions To Manage Your Household Bills

DealMakers

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How Did One Fine Stay Come to Mind?

Airbnb founder Alan Pregent says he nearly left London twice before. He was looking at empty buildings in the center of Mayfair and thinking how to set all these places that empty all of the time, this is crazy. The idea for Airbnb got stuck in his head over a few days after reading about it on CNN's "This Is Life with Maria Bartiromo" A pure play market model is unlikely to succeed in London, right? I mean, you're going to be competing with one hand tied behind your back against entrepreneurs in the San Francisco valley," writes Pregent.

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